PROCEDURES TO REGISTER A PROJECT WITH THE ZANZIBAR INVESTMENT PROMOTION AUTHORITY (ZIPA) IN ZANZIBAR.
The Zanzibar Investment Promotion Authority (ZIPA) is the government agency responsible for promoting and facilitating investment in the semi-autonomous region of Zanzibar, Tanzania. There are wide range investment opportunities from different sectors available in Zanzibar. These opportunities are available in Tourism, Manufacturing, Blue Economy, Energy, Agricultural, Real-estate development and others. ZIPA offers lucrative packages of incentives. These include fiscal and non-fiscal incentives for investments under Free Economic Zones, strategic investments and investments outside the Free Economic Zones.
To register a project with ZIPA, the following procedures must be followed:
In summary, to register a project with ZIPA, an investor must complete a pre-registration form, conduct a feasibility study, submit an application for registration, and receive approval from ZIPA. It is important to note that all projects must comply with the laws, regulations and guidelines of Zanzibar, Tanzania, and the East Africa Community.
It is important to seek the guidance of a qualified legal professional to ensure that the process is conducted in accordance with the law and to avoid any potential legal issues. ABC Attorneys has qualified lawyers who can help you in registering your Project with ZIPA in Zanzibar.
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